Silvio Micali, one of the most brilliant computer scientists on this planet has just re-invented democracy or blockchains or finance or law order and public authority and few other things, with his ALGORAND system. And some other brilliant crypto innovators are also doing the same thing: see DFINITY. Possibly this is what we really want, a …
Continue reading ‘Silvio Micali – A Genius Which Will Stay in the Bottle’ »
Schneier wrote: 8,761 classified CIA documents […] 2012-2016 […]it sounds like this cache of documents wasn’t taken from the CIA and given to WikiLeaks for publication, but has been passed around the community for a while — and incidentally some part of the cache was passed to WikiLeaks. […] extraordinary collection […] several hundred million lines …
When Marc Stevens and a team of researchers from Google have finally found a collision for SHA-1, which we have been expecting for longer than 10 years, somebody who is apparently none of these people, has apparently used it to obtain 2.5 BTC prize created by Peter Todd.
For the last few months Yahoo Finance have been promoting a criminal investment scam.They present it as if it was a legit company, while it is not hard to see that this is a scam run by some serial fraudsters. Shame on you, Yahoo Finance!
In the last few years, we have seen an increased awareness that PGP/GPG is a dinosaur of 1990s crypto, and it does not satisfy the need of modern users for secure communication. PGP model has many perverse effects: like creating a single point of failure where all sensitive communications are compromised with cracking one single …
The return on investment = +233% in one year compared to +100% for bitcoin. More on this topic. We see that the year 2016 was dominated by Ethereum. The year 2017 could be the year of Z.Cash.
Now we’ve covered why privacy is essential for widespread cryptocurrency adoption, and how stealth addresses can help assist the pseudonymity (stealth addresses defined and explained in Part 2, pseudonymity discussed in Part 1), it’s time to explain how to combine cryptography and Ethereum’s smart contract functionality to add another layer of obfuscation to public blockchains! …
Continue reading ‘Blockchain Privacy – Part 3: Ring Signature Mixes’ »
Privacy In Part 1 we covered why privacy is essential for widespread cryptocurrency adoption, and concluded that neither Bitcoin nor Ethereum, or even ZCash is suitable for the task we’re wanting to solve: anonymity with efficiency. (Also the bonus property of needing no trusted setup)! COOL THING 1: STEALTH ADDRESSES The benefits of using stealth …
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Today the first ever truly anonymous crypto currency ZEC went live. The full P2P client can be downloaded from here [Linux only for now]. The total number of ZEC coins will be only 21 million, like in bitcoin. Zerocash also reproduces few other unreasonable properties known from bitcoin: bizarre monetary policy with inelastic monetary supply and block halving every …
There is a considerable controversy around whether investing in a balanced basket of cryptocoins is a good idea. Two serious sources show that this sort of investment enjoys steady growth without a lot of downturns, cf. DLT10 Index and a recent detailed study which concentrates on a shorter period with excellent returns since Jan 2016 (cf. also …
Continue reading ‘Controversy Around Profitability of AltCoin Investment’ »